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Duplex with Detached Garage
New
For Sale
$229,900

494/496 Flambeau Ave, Phillips, WI 54555

Two separately metered units include individual outdoor areas and shared basement laundry facilities.

Property Size1,800 SF
Price / SF$127.72
Days on Market1

Property Features for 494/496 Flambeau Ave

General Information

Standard status Active
Size 1,800 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

laundry facilities
concrete patio
private deck
Listing Agency: Redman Realty Group, LLC
Listed By: Lakeland Realty
Source: Lakelandrealtywi
Added: Oct 11 Last Checked: Oct 11 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redman Realty Group, LLC

Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath apartments, each with approximately 900 finished square feet. Both units have an eat-in kitchen, living room, divided basement access, and laundry facilities. Separate mechanical systems and utility meters serve each apartment, with forced-air furnaces, central air, and water heaters. One unit has updated flooring, paint, blinds, a refrigerator, pantry, and newer laundry appliances.

A detached two-car garage includes an owner’s storage room and a small workbench. Each apartment has its own outdoor space: a concrete patio at one unit and a private deck at the other. The property is in Phillips, near local shopping, restaurants, parks, the Phillips Chain of Lakes, and ATV and snowmobile trails.

Key Highlights

  • Two 2‑bedroom, 1‑bath units, each with approximately 900 finished square feet
  • Separate mechanical systems and utility meters for each unit
  • Detached two‑car garage with owner’s storage room and small workbench

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Plumbing Service Auto Repair Shop Storage Facility Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 54555, WI

4,887
Population
3,553
Households
1.4
Avg Household Size
52
Median Age
23%
College-Educated
95%
High-School Grad
364.2 sq mi
ZIP Area
13
Density / Sq Mi
$58,613
Median Household Income
$38,094
Median Earnings
$836
Median Rent
$172,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units include individual outdoor areas and shared basement laundry facilities.
Where is this duplex located?
The property is located at 494/496 Flambeau Ave Phillips, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units, each with approximately 900 finished square feet; Separate mechanical systems and utility meters for each unit; Detached two‑car garage with owner’s storage room and small workbench
More about this property
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